New car insurance changes causing 'confusion' as prices 'highly likely' to rise in 2022

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However, she warned the UK average insurance price can still be affected, pushing prices up for all drivers.

She said: “Given the fact that we’ve all probably overspent this Christmas, it will be welcome news that insurers can no longer overprice renewing customers.

“But we’re also seeing a lot of people interpret this as meaning that their renewal price will no longer increase.

“This really is not the case, and we can understand how this is creating a lot of confusion for consumers.”

READ MORE: Major car insurance changes being made today to protect drivers

Ms O’Shea warned the average cost of car insurance is “highly likely” to increase regardless of the FCA regulations as more people return to work.



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